Thoughts on private equity and a few other obsessions

Exit stage left

Photo credit: den99

Nice to discover that people still read this blog! I've been asked whether there have been any private equity exits in Australia/NZ this year.

The answer is, yes, a few, but half of them have been secondaries to other PE firms. The Australian IPO market is virtually closed for business which has probably delayed a number of highly anticipated portfolio company sales (Manassen Foods and REDgroup Retail spring to mind).